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Technology Stocks : Vitesse Semiconductor

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To: Robert Schwartz who wrote (389)1/9/1997 8:06:00 PM
From: Dan Spillane   of 4710
 
Better than last quarter; last quarters estimates were beat by 5%, whereas the estimates were beat by 8% this quarter...

You said:
"Vitesse reported $.25 for the quarter vs. First Call consensus of $.23. This is virtually the same scenario that played out last month when the stock dove 25% ($39-$31) in the next 1-2 days because it only moderately outperformed the consensus. Anyone care to venture what tomorrow and next week hold for Vitesse?"

Well, 8% is better than last quarter. I see 50 dollars/share.

Dan
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